Less than 2 hours until the first Ignition Sale on Bio Season 2, @NEURONGale. Here’s everything you need to know 🧵↓
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Mission Neuron Gale is testing a small molecule in an in vivo mouse model to uncover a novel treatment to brain inflammation in Alzheimer’s. If its Galectin-3 inhibition treatment proves effective, it could attain blockbuster drug status in a $1.44 trillion annual market.
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Team Neuron Gale is led by a team of neuroscientists and biotech entrepreneurs, including: • Dr. Maryna Polyakova: Neuroscientist who leads the Neurotech Tree project at the Foresight Institute. • Dr. Peter Groenen: Biomarker & translational expert with 25 years of biopharma
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Fundraising $GALE will leverage Bio’s new Milestone Funding mechanism, which unlocks funding as FDV milestones are reached and maintained for 2+ weeks. • Initial Raise: $50K • Starting FDV: $500K FDV • Total Potential Raise: $1.06M FDV Milestone 1: $1M Payout: $31K FDV
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Tokenomics → 10% allocated to the Ignition Sale → 5% allocated to Ecosystem Airdrop, automatically received by all $BIO stakers (veBIO holders) → Sale participants get 20% of their tokens liquid at TGE, while the remaining 80% vest linearly over the next 30 days
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How to Participate Sale starts today at 11am UTC and last 24 hours. Pledge USDC and BioXP to the sale before Friday Nov 21 at 11am UTC to qualify for an allocation. Join the $GALE Ignition Sale:
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@BioProtocol There is an information on Bio website about İgnition sale that starts in 41 minutes ? İs it true?
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